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Sunday, September 29, 2024

Rantoul home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Rantoul rose by $28,600 while total sales increased by 54.5%, according to BlockShopper.com.

In November 2018, there were 17 homes sold, with a median sale price of $80,000 - a 55.6% increase over the $51,400 median sale price for the same period of the previous year. There were 11 homes sold in Rantoul in November 2017.

The median sales tax in Rantoul for the most recent year with available data, 2017, was $1,786, approximately 2.2% of the median home sale price for November 2018.

The following table compares Rantoul to other Champaign County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Bondville10-$175,000$0-
Fisher23-33.3%$162,500$115,00041.3%
Lake of the Woods21100%$144,100$26,000454.2%
Tolono6520%$137,250$105,00030.7%
Champaign88104-15.4%$122,750$125,500-2.2%
Royal20-$115,300$0-
Urbana3841-7.3%$109,450$104,8884.3%
Homer10-$98,000$0-
Sidney23-33.3%$97,850$145,500-32.7%
Rantoul171154.5%$80,000$51,40055.6%
Foosland10-$69,000$0-

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